Portal:Energy

The Organization of the Petroleum Exporting Countries (OPEC /ˈoʊpɛk/ OH-pek) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The organization, which currently comprises 12 member countries, accounted for 38 percent of global oil production in 2022. It is estimated that 79.5 percent of the world's proven oil reserves are located within OPEC nations, with the Middle East alone accounting for 67.2 percent of OPEC's total reserves.

In a series of steps in the 1960s and 1970s, OPEC restructured the global system of oil production in favor of oil-producing states and away from an oligopoly of dominant Anglo-American oil firms, the "Seven Sisters". In the 1970s, restrictions in oil production led to a dramatic rise in oil prices with long-lasting and far-reaching consequences for the global economy. Since the 1980s, OPEC has had a limited impact on world oil-supply and oil-price stability, as there is frequent cheating by members on their commitments to one another, and as member commitments reflect what they would do even in the absence of OPEC. (Full article...)

• Samuel Andrews (1836–1904) was an English-born chemist and inventor whose request for investment capital to build an oil refinery in 1862 led to a partnership with John D. Rockefeller and the formation of the Standard Oil companies?

• Golar Spirit (pictured) is the world's first floating storage and regasification vessel converted from a LNG carrier?

• The Rockies Express Pipeline, currently under construction, will be one of the largest natural gas pipelines ever built in North America?

• Syncrude Canada Ltd. is the world's largest producer of synthetic crude oil from oil sands?

• During World War II, Australia produced almost 500,000 barrels of shale oil by operating the Nevada–Texas–Utah type of oil-shale retorts?

• The Sangtuda 1 Hydroelectric Power Plant is expected to provide up to 12% of the total energy output of Tajikistan?

• Gober gas is a biogas generated out of cow dung?

• The scientific-technical journal Oil Shale is the only journal in the world that focuses on oil shale as a main subject?

Born in Ireland, Thomson studied at the University of Glasgow, Scotland. On graduating, he became a mathematics teacher at the Royal Belfast Academical Institution. During his life Thomson published more than 600 scientific papers and filed over 70 patents.

As early as 1845 Thomson pointed out that the experimental results of William Snow Harris were in accordance with the laws of Coulomb. Over the period 1855 to 1867, Thomson collaborated with Peter Guthrie Tait the Treatise on Natural Philosophy that unified the various branches of physical science under the common principle of energy. His inventions included the current balance for the precise specification of the ampere, the standard unit of electric current.

In 1893, Thomson headed an international commission to decide on the design of the Niagara Falls power station. Despite his previous belief in the superiority of direct current electric power transmission, he agreed to use alternating current after seeing a Westinghouse demonstration at the Chicago World's Fair.